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In the Terminology of the Elaboration Likelihood Model, People Relying

question 134

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In the terminology of the elaboration likelihood model, people relying on conscious, careful processing of information are using the ____ route.


Definitions:

Entry Barriers

Obstacles that prevent or hinder potential competitors from entering a market or industry.

Substantial Entry

A significant entry of new firms into a market, often leading to increased competition and affecting market dynamics.

Flexible Prices

Product prices that freely move upward or downward when product demand or supply changes.

Product Demand

The desire and willingness to purchase a specific good or service in the market.

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